Should-Read: Issi Romem: Paying For Dirt: Where Have Home Values Detached From Construction Costs?: “In the expensive U.S. coastal metros, home prices have detached from construction costs… …and can be almost four times as high as the cost of rebuilding existing structures…. Absent restrictions on housing supply, competition among developers tends to maintain average metropolitan home … Continue reading Should-Read: Issi Romem: Paying For Dirt: Where Have Home Values Detached From Construction Costs?